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Topic - First National Bank
Apr 22, 2016
SMART APPLICATION The main objective of the partnership with the banks is to make more centres available at which people can apply for SmartID Cards and passports
While the new service of applying online for SmartID cards and passports through the eHome Affairs portal and at major banks in Gauteng will initially cater for people aged between 30 and 35, the Department of Home Affairs (DHA) hopes to extend the system to other...
Apr 21, 2016
Minister in the Presidency for Planning, monitoring and Evaluation Jeff Radebe
Minister in the Presidency for Planning, Monitoring and Evaluation Jeff Radebe has insisted that, despite the appointment of three Ministers to engage the banks that cut ties with private Gupta-linked Oakbay Investments amid allegations of State capture, government...
Apr 14, 2016
Home Affairs director-general Mkuseli Apleni
Thousands of people have applied for smart ID cards and passports online, following the inception of the eHomeAffairs portal in conjunction with major banks, Home Affairs director-general Mkuseli Apleni said on Wednesday. “Since the inception of eHomeAffairs last...
Apr 12, 2016
Atul Gupta
South Africa's Oakbay Investments will start setting up meetings with banks on Tuesday to try restore relations after the top four lenders cut links with the company amid speculation that its owners, the Gupta family, are wielding undue political influence. Last...
Apr 11, 2016
Small business owners should brace themselves for the impact of higher electricity tariffs, which affects profits and ultimately the spending power of consumers, said First National Bank Head of Business Value Sanjeev Orie.    He noted that the tariff increase,...
Apr 08, 2016
Atul Gupta
President Jacob Zuma's son, Duduzane, and members of the Gupta family resigned from a South African mining firm on Friday citing "a sustained political attack", the company said on Friday. Oakbay Resources said in a statement that non-executive Chairman, Atul Gupta,...
Apr 07, 2016
The South African government, in collaboration with the South African banking sector, on Thursday launched the Department of Home Affairs- (DHA-) facilitated eChannel pilot project, enabling South African citizens to apply for passports or SmartID cards online. The...
Apr 06, 2016
Oakbay Resources and Energy on Wednesday confirmed that First National Bank (FNB) had become the second bank to cancel its business accounts after Absa had cut ties with the firm earlier this week. This was the latest in a series of backlashes by corporate South...
Apr 05, 2016
Mar 22, 2016
Mar 11, 2016
Feb 12, 2016
Feb 05, 2016
AIAC Air Conditioning South Africa, a manufacturer of air conditioning and IT cooling systems, has now moved to larger premises on the 154 Schooner St, Laser Park, Honeydew, Johannesburg where it has been situated since 1 December 2015 Part of the Airedale...
Jan 14, 2016
While civil work from provinces and municipalities has held up well, contributing to an increase of three points in the First National Bank (FNB) and the Bureau for Economic Research’s (BER’s) Civil Confidence Index to 42 points in the fourth quarter of 2015, weak...
Jan 05, 2016
While a year of hard work for property and consumer-related sectors appears likely, given economic and household sector income growth mediocrity, there is little to suggest any more than a mild interest rate hike in the coming 12 months, First National Bank household...
Dec 29, 2015
Looking back over 2015, a few very big stories loom large (SAB-AB Inbev merger, Volkswagen emissions scandal, MTN Nigera fine, to mention just a few). When you look a bit closer, you will see that the big story, especially in Africa, is the many, many smaller...
Nov 30, 2015
The Infrastructure Specialist Group (IS Group) was awarded a Golden Award in the Business Corporate and Listed Companies Category by the Roodepoort Chamber of Commerce and Industry (ROCCI) and First National Bank (FNB) at a gala function on 7th November 2015. ROCCI...
Nov 02, 2015
Road users on the Gauteng freeway network are from November 2 eligible for a 60% reduction of their historic e-toll debt in arrears, the SA National Roads Agency (Sanral) said on Sunday. This once-off discount applies to all unpaid e-tolls levied on Gauteng Freeway...
Oct 14, 2015
The economic cycle in South Africa has increased its velocity and it is not looking good, Mike Schüssler, chief economist at Economists Dotcoza, told Fin24. He was commenting on the latest BankservAfrica Economic Transaction Index (Beti) released on Wednesday.
Sep 30, 2015
The Department of Home Affairs (DHA) has inked memoranda of understanding with three major South African banks to allow citizens to apply for the new smart identification (ID) cards at their respective banks from early next year. The DHA, along with Standard Bank and...
Sep 14, 2015
Phillipa Bell
Industry body the Manufacturing Circle has appointed Philippa Rodseth as its new executive director from October 1, replacing the outgoing incumbent Coenraad Bezuidenhout, who will leave to pursue other opportunities after almost four years in the position. Rodseth...
Aug 07, 2015
AGRICULTURE SECTOR DEBATED Agriculture contributes 2.4% to the gross domestic product, which makes it the smallest economic sector in South Africa
While the future of the agriculture sector is often debated at farmers’ conventions, during general council meetings, in the media and in the political arena, it is now becoming a pertinent topic among investors and agriculture companies says First National Bank...
Aug 04, 2015
Gauteng Finance MEC Barbara Creecy
The Gauteng provincial government (GPG) announced on Tuesday that South African banking firm First National Bank (FNB), a division of First Rand Bank, had been reappointed to manage the multibillion-rand centralised banking services account for the province for the...
Jul 03, 2015
After becoming the first provincial government to adjudicate its central banking services tender selection process in public on Friday, the Gauteng provincial Government (GPG) now plans to roll-out the “transparent” tender award process across the province to...
Jun 19, 2015
JOB CREATION The FNB-run Vumela Enterprise Development Fund seeks to encourage the creation of jobs in the manufacturing sector
Local banking firm First National Bank’s Vumela Enterprise Development Fund will be participating in this year’s Manufacturing Indaba to identify manufacturing companies with significant growth and job creation potential, with the aim of partnering with some of them...
Jun 05, 2015
Ratings agency Standard & Poor’s (S&P's) warning over Cell C’s R2-billion unsecured debt is is no cause for concern to the head of First National Bank’s (FNB's) new mobile network. FNB will become the first bank in South Africa to launch a mobile network when it...
May 22, 2015
Trade and Industry Deputy Minister Mzwandile Masina
The Department of Trade and Industry (DTI), which last year committed to the initial creation of more than 100 black industrialists within three years, has developed a draft policy framework to guide the introduction of financial and nonfinancial support mechanisms...
Feb 27, 2015
EASING THE PROCESS The importance of registering a business with ease will never diminish in South Africa, as the country is always on a drive to boost entrepreneurship
Retail bank First National Bank (FNB) has noted a substantial number of newly registered businesses since the launch of the online business registration initiative collaboration, which it established in 2013 in partnership with the Companies and Intellectual Property...
Feb 06, 2015
Four South African banking heavyweights, Standard Bank, First National Bank (FNB), Absa and Nedbank, are contesting for the tender to manage banking transactions of the Gauteng government, with a 2015 budget estimated at more than R90-billion, Gauteng Provincial...
Oct 15, 2014
Cape Town
A R3-million boost from First National Bank (FNB) has been received by a growing community of technology entrepreneurs in Cape Town to strengthen its network and help develop more start-ups in the technology sector. “This will be a real catalyst for us. The only way...
Oct 13, 2014
A recent report that analyses First National Bank’s house price indices for full- and sectional-title homes of various sizes has found that the prices of smaller houses are not only accelerating faster but are also showing stronger growth that that of larger houses....
Sep 22, 2014
Despite a decline in construction activity, confidence in the civil construction industry, as measured by the First National Bank (FNB) and Bureau for Economic Research (BER) civil confidence index, increased in the third quarter of the year, FNB said on Monday....
Sep 17, 2014
Confidence in the building sector, as measured by the First National Bank (FNB) and Bureau for Economic Research building confidence index, ticked up four index points to 45 in the third quarter, with improvements in residential building activity supporting the rest...
Aug 26, 2014
Trade and Industry Minister Dr Rob Davies
Trade and Industry Minister Dr Rob Davies has urged the public not to make use of so-called “runners”, who claimed that the only way to get a company registered at the Companies and Intellectual Property Commission (CIPC) was to pay them a fee. Responding to concerns...
Jul 22, 2014
Telecommunications giant MTN has, for the second year running, been named the country’s most valuable brand, accounting for 16.5% of the total value of the country’s top 50 brands and potentially emerging as Africa’s first home-grown “superbrand”, Brand Finance...
Jul 18, 2014
Government is accelerating the processing and issuing of identity smartcards to replace the green identity document booklets and believes it can replace all identity documents within five to seven years, says Department of Home Affairs (DHA) deputy director-general...
Jul 18, 2014
Government is accelerating the processing and issuing of smart identity cards to replace the green identity-document booklets and believes it can replace all identity documents within five to seven years, says Department of Home Affairs (DHA) deputy director-general...
Mar 28, 2014
Industry adviser and University of Cape Town lecturer Dr Johan Snyman has described the current construction industry cycle as “atypical”, with research suggesting that the sector remains in a post-recessionary recovery phase. “Studies have found that the recovery...
Mar 24, 2014
Agriculture industry representative organisation the Agri Sector Unity Forum urged members at it first policy conference held recently in Stellenbosch to “actively contribute to shaping the future” of the local agricultural sector over the next five years. Speaking...
Nov 26, 2013
South Africa is entering a data economy and has started adopting a culture of messaging, as voice increasingly declines as a means of communication. “The data economy is arriving in quite a big way,” said World Wide Worx MD Arthur Goldstuck, explaining that at a time...
Nov 15, 2013
The slowdown in the availability of major infrastructure projects in the past three years has caused civils and construction company Esorfranki Construction to focus on securing housing projects in both the public and private sector.
Nov 08, 2013
The key to achieving sustained gross domestic product (GDP) growth of around 6%, as stated in the National Development Plan (NDP), is enhanced competitiveness, says First National Bank chief economist Sizwe Nxedlana. He says this means that the country has to invest...
Oct 23, 2013
FNB chief economist Sizwe Nxedlana
The key to achieving sustained gross domestic product (GDP) growth of around 6%, as stated in the National Development Plan (NDP), was enhanced competitiveness, said First National Bank chief economist Sizwe Nxedlana on Wednesday. Speaking at the CAR Conference, held...
Oct 01, 2013
Parastatal Transnet has appointed Mantsika Matooane as group executive of Enterprise Information Management Systems, a position that will see her leading the information and communications technology (ICT) function across the group from October 1. Transnet said in a...
Sep 18, 2013
Building confidence increased during the third quarter of the year from 41 to 48 index points, to reach its highest level in five years, despite a slowdown in activity with regard to main contractors and subcontractors, the latest First National Bank (FNB)/Bureau for...
Aug 19, 2013
Trade and Industry Minister Dr Rob Davies
First National Bank (FNB) and the Companies and Intellectual Property Commission (CIPC) on Monday launched an initiative to streamline the process of registering a company, while opening a corporate bank account, which should make it easier for individuals to start a...
Jul 26, 2013
POSITIVE OUTLOOKThe automotive franchising industry, having weathered the recession and the volatile economic climate, has growth potential
While food franchises comprise about 30% of the total franchise landscape, many other franchise categories are well represented, including retail, business-to-business services and automotive franchises, says South African banking firm First National Bank (FNB)...
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